Navigator Global Investments Ltd Requests Trading Halt
Key points
- Pending announcement on outcome of institutional component of accelerated entitlement offer
- Trading halt to remain in place until announcement released and trading resumes on May 5
- Company not aware of any other information necessary to inform the market
Full summary
Navigator Global Investments Ltd (ASX: NGI) has requested a trading halt for its ordinary shares, pending the release of an announcement regarding a potential acquisition and associated equity raising to be conducted by way of a pro-rata accelerated non-renounceable entitlement offer of new fully paid ordinary shares (the 'Entitlement Offer'). The trading halt will remain in place until the company releases an announcement on the completion of the institutional component of the Entitlement Offer and trading resumes on Tuesday, 5 May 2026. The company is not aware of any reason why the trading halt should not be granted and is not aware of any other information necessary to inform the market about the trading halt.
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